24
1.
HONGKONG DAILY PRESS
Finance and Commerce
Hsikuangshan - China's Great Mine Supplies Half World's Antimony
#
CHUNGKING, Jan, 5' (CIC.)--Contributing, about 70 per cent of the world's total production "of antimony, China has been and is still the world's most important producer of this valuable metal Approximately 70 to 80 per cent of the antimony reserves in China are in Halkuangsbari In Singhua district, Hunan. Hence Haikuangshan is the richest antimony centre in the world.
FINANCE
HONGKONG
SHAREBROKERS
ASSOCIATION
EQUALISATION OF PRICES
Of
Volume Of Business Transacted
CHUNGKING. Jan. 13 (Central) Jan. 13, 1940
-The Ministry ·
Economic 1000 9.20 Affairs has opened a Price Equali- 500 18.70 sation Purchasing Office. whose 500 18.78 function is to keep an adequate 250 4.73 supply of necessary commodities 500 21.00 in the market to prevent rise 200 17.70 prices.
H.K. STOCK EXCHANGE
A.S. Watsons Cements Cements....... China Providents
- At the slightly lower rate of $21) H.K, Docks Docks were a feature of the mom- H.K, Trama ing's trading. Shares changed Raube hands at $21) after which 3200 shares passed at $21, Cements were again in favour sales reported at $18.70 and $183. Transactions, were
also recorded in Cantons, Watsons Govern. 4% Loan & Trams, Market
BUYERS
Union Ins, $460, Douglases, $724. Wharves, $102 Docks $21. "Providents, $4.65
Lands, $334. Humphreys. $8.10. Realtles, $43.
In China, the
production of According to the miners at Hsi- closing steady. antimony was at its peak during kuangshan, this old method of "the years
of the Great War in smelting excels the modem smelt- Europe. Exports at 'that time | Ing machine. Machines were used reached more than 30,000 tons a for a short time at Hsikuangshan year. This boom of the antimony but they were soon dropped be- business in wartime was due to cause of a decrease in the output. the fact that the metal is used in By using the old method, it is said munitions making. Since the 1918 that sometimes 99 per cent of the Armistice, the production had metal can be extracted. dropped tremendously. In récent
STATE CONTROL years there have been many rises In order to exercise better con- and falls in the mining of anti-trol over the antimony trade, the
44
mony.. st
At
NEW-OLD METHODS
ancient
Chinese government has establish- ed, as in the case of tungsten, a special bureau in Hunan to take charge of the production. The ob-
from
the mines
nf
Halkuangshan. methods of mining are still being ject is to raise the quality of the used today. The smelting process product, and to stabilize supply for antimony as practised in China and demand so that is a combination of old and new shall operate profitably without methods. In the -cake-lined
suffering furnaces, intimony ores are cover Present monthly production
over-production. ed with another layer of coke which antimony varies from 850 to 850 Is spread on the top. Ovidization tons. An antimony traders' guild of the ore follows. By pumping has been organized by those" en- cold af into the furnaces, the gaged in this industry, and miners ovidized gaseous antimony. to- gether with the smoke from the so have their own union. coke, is forced into a chilled metal tube. Because of their relative density, the smoke which floats on top escapes from the chimneys while the heavier "antimony gas 1 passed into a cooler, in which it forms an ashy substance. Two days of intensive heating are re-
schools for the labourers as well as Lately a hospital and three
workers have been formed for the two schools for the children of the
benefit of the miners in the Hs!- kuangshan district,
Tramways, $17.40. Yaumati Ferries, $24, China Lights (Old), 511. China Lights (New), $41. Electrics, $554. *** Sandakan Lights $11. Telephones (Old), $9,50. Cements, $18.70.
Dairy Farms (New), $21. Watsons, $9.15. Entertainments, $8.90. Vibro Piling, $8).
SELLERS
Docks, $21 Cements, $19. Watsons, $91.
SALES
Canton Ins. $207 Docks, $211/21, Tramways, $172 Cements, $18.701.75. Watsons. 59.20. Govern. 4% Loan, $101.
quired for the second stage of HONGKONG SHARE QUOTATIONS
smelting at the end of which anti-
mony is In molten, liquid fórm.] STOCK EXCHANGE
The quid metal is then cast into molds and bars of antimony arg formed.
THE WAR & BRITAIN'S ECONOMY
EXTRACTS" FROM:
THE PRESS
THE COST OF LIVING index figure, announced the Ministry of Labour last night, increased by 24% for October, as against a rise of 6% In September, Cost of food alone went up 21% for October and
9% in September-Daily Telegraph, Nov. 4,
THE PRICE OF PETROL is raised by 1d to 1/94d. a" gallon as from today. The price was fixed on the outbreak of war at 1/6d, and was increased to 1/8d. last month- Financial Times, Nov, 3.
ALTHOUGH AN INCREASE In coal prices was sanctioned by the Mines Department last week, it was not so great as that demanded by the coal owners, who have now arranged a meeting of the Central Council to consider the heavy rise
production In
costs. Financial Times, Nov. 3.
THE JOINT DISTRICT WAGES BOARD, which includes répresen- tatives of coal owners and miners. yesterday decided that there should te no strikes or lock-outs for the duration of the war, or for six months following.-Daily Mall, Nov. 1.
Mayers Balbri Baler Nomina
$480'
$180
$724
BICO
$20
***
***
8102 $485
$4.70
821 $212
38.70
งว
#331
રોન
8.10
SHAREBROKERS' ASSOCIATION
SATURDAY 13
JAN.
Bankc
$1370 H.K. Banks on...ER
88
Do. (Col. Reg.)
£881
Do. (Loo, Beg.) ...
£8
Chartered Bank.....
2 Mercantile Bks. "A"
21
Mercantile Bka. "gr
878
Bank of East Asia ...
N. C. & S. Banks
Insurancés
$205 Canton Insurance -
$11
Buyers Ballers Balea Nominal
MARKETING
500 9,90
FOR CO-OPERATIVES
of
af
At & press reception, yesterday, Mr. Y. S, Djang, chief of the De- partment of Commerce of the CENTRE Ministry, "and concurrently direc the Purchasing Omice, stated that the Office operates In CHUNGKING, Jan. 13 (Central) | accordance with the principle of A meeting of the representa-lowering the living standard of tives of the co-operatives in Sze the people and yet aafeguarding chuen, Klangst, Shensi, Kwelchow. the legitimate profit of the mer- Hunan, Kwangsi and other pro- chants. vinces was called by the Farmers Bank of China here last week to discuss measures for the promo- tion of the co-operatives move ment.
Among the decisions is the es tablishment of a joint marketing centre at Changking. with branches in other places at home and abroad. Capital for the pro- jected cenre has been tentatively Axed at $3,000,000.
SHOE CO.LTD
HONGKONG SUPPLIES ALL
KINDS OF FOOTWEAR
An initial capital of $20,000,000, according to M Djang, has been allotted by the Joint Office of the Central Bank of China, the Bank of China, the Bank of Communi cations and the Farmers' Bank.
Large consignments of clothing materials, foodstuffs, fuel and daily necessaries have been OT< dered. These will be sold to re- tailers, allowing them to make 20 per cen: proût.
MONDAY, JANUARY 15, 1940. -PAGE ·
SAY
Gordon's
...and know what you're drinking
GORDONS
DRYGIN
DISTILLERY LONDON,
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
MARBLE HALL
(and Annexe Private Hotel). 34, Granville and 103, Austin Ronds, Kowloon, tennis courts.. Beautiful garden. Rooms and sultes with private bathrooms. All-modern conveniences. Apply proprietress, 103, Austin Road. Phone 50233 and 34, Granville
Road. Phone 59433...
RELIABLE TAILORING
LADIES AND GENTS. TAILORS
We are disposing of all our present stocks of Ladies' Goods at price less than cost, as we shall from 1st Janu arys be changing our business over to the sale of Gents' Goods, and must make room for new stocks shortly arriv- ing.
THE JUBILEE SILK STORE Specialists in Gents' Wear, Suits, Shirts, Pyjamas and Underwear..
31 Nathan Road, Kowloon.
SUMMER
DRESSES, DAY & EVENING HATS, BAGS & BEACH TOGS
at very moderate prices. Call on us and let us demonstrate to you THE SHANGHAI SUN FAT COMPANY.
- EXPERT LADIES' TAILORS No. 30, Nathan Road, Kowloon.
$1385
488
£66
£297
£11
$75
$200
Union InsuŢANOSS
ve
$460
Underwriters.
80 cta
H.K. Firs
$175
$79
811
USE
W
$100
$125
77/101
$7.40
(Prot.)
*****
i
24.65
$4.70
#21.60
+++
!:
Shipping
Douglasss...
Steamboats
Indo-Obinna
Indo-Chinas (Det.)...
77/10 Bbelle
Waterbosta
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharvos❘ $109 Providente
Provideata (saw) ..........
H.K. & W. Docks...
Do. (new)
3234 Shanghai Docks 8..... $10.00 New Engineering
18/0 Kailan
Mining
$10 Bzabe.....
34
Venezuela Gold Flas
3 cta Hong Kong Mines ...
Lands, Hotels and
Buildings
H.K. Hotala {(1,5. Landa “mébe $100 Do.. 4% Debenturie $15 Shanghai Lands
B.K. Realtim
Humphreys.****
$101 Chinese Estat
Cotton Mills
$182 (8) Cotions (8.)
$44 Zoong Bings (B.) ..... $481 Wing On Tactiles (8.)
Public Utilities
Tramways Manganesora
831 Ewo (B.)
8:31
$4.40
ZA
#
$5.75
::
***
$230
822
18/0
$10
$3
Corner Peking Road.
SPECIALTY SHOPS
Telephone No. 50451
TEL: 59493.
Corner Peking Bozd.
Telephone, No. 56846
Tel: 50451
MADE YOUR HOME CHARMING !
B. B. Co., LAMPSHADE
M4A, NATHAN BOAD, KOWLOON.
AUCTIONEERS
GREATEST COLLECTION DE BARGAINS IN TOWN!
LAMBERTS ACTION ROOM Lonument H
TARTANS NO 2012
Jimmy's
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street.
Telephone No. 22224,
FIRST-CLASS
SHANGHAI LADIES' TAILORS
Large Selection of Ready Made Ladies Fur Coats, Winter Costumes and Overcoats always in stock at reasonable prices.
Alterations undertaken on Ladies' Furs and Foxes.
LONG KEE
31 NATHAN ROAD
THE EMPRESS STORE
54 Nathan Road, Kowloon-Telephone 57155 SPECIAL SALES ON BUSCUITS
PRICES:"
Jacob's Belvedere $130.
Carr's Numilk $1.50
Huntley & Palmers Family Assorted $2.00.
and many others.
Inspection cordially invited
LOST
100%
Gold wristlet walḍli (man's) between made by Benson, Carnarvon Road, Kowloon, and Barker Road, Peak... Reward. E. J. T. WARREN, 453 Peak.
1348
$31
$162
$44
$100
017 60
3174
#171
We have in Stock and for Sale
88
Pank Trama (old)
WOOL, earmarked for the Gov- inment on the outbreak of war,
Peak Traces (10%) ---
398 Star Farrise
$70"
Y'mati Ferries
$24
Do. (a)
$7.85/95..
China Light (0)
Chips Lights Ris
...
$7.85/A&
#43
in to be released for civil use, an- 124
nounced the Government Wool
control last
Nov, 7.
night-Daily Mall.
018
$25
$25+
$8.60
99.60
LONDON WOOL Brokers and distributors are to hold a protest meeting at the Wool Exchange on $11 Tuesday next. They fear that the apparent intention to exclude them from the Wool Control Scheme, which will operate from Bradford,
will put them out of business.-
:
China Lights (New)
H.K. Electrics
Macao Blackri
Sandakan Lights
Telephones (old)
Telephones (DFW) ***
19/3 Tractions
18/9 Tractions (proč.)
Indestrials
$14.90 Cald., Moog,, (Ord.) 8.
$13
$1
MR. LENNOX-BOYD told the 1818.70 $18.65/60
L
Cald., Haeg (Pref.) §.
Canton lowerpot.com Coache
$8.10 Ropin
MiscellaneoTLE
Dairy Farm (Old). Dairy Farm (New)
Ch. É'tainmanis *** Constructions
Daily Telegraph, Nov. 7.
House yesterday that the Ministry
of Food had been experimenting with war-time substitute for bacon, "Mutton-bacon is a Scottish food,
$22 60/10
$214 $0.80
but has not yet been produced #17 commercially.-Daily Mail, Nov. 12. NEGOTIATIONS has begun beb-
$1
17
Lave Crawford
ween the London Chamber of
Commerce and German shipowners $9.20 30 for the release of British-owned
cargoes worth between £3,000,000
$101
and £5,000,000, which are in Ger-
(مسلم)
Constructions. (now)
Nazyang Tobicon
$1.80 Biorepacka
Watsons
391.
Ch. G.5%, 1930 $Bd. H., Gori, 4%, Lo $87 H.K. Gor. Big Lasa $41 H. Wing On
***
What Wing On
man shipe sheltering in neutral ports. Full freight charges plus from 10 to 35 per cent of the cargo Talue is being demanded by the German owners-News Chron- fele, Nov. 5.
8001
8251 $9.50
$5.00
$1.80
$18.00/.65
$8 20
$12.60
89.30
$10
Viber Pilingumann
|14/9
| Marsmans Igy. (Lon.)
1/0
Maxemada Inv. (HK).
Wia. Powells
Great Varieties of used and unused
POSTAGE STAMPS
in sets, bags, packets, single, and in approval books for collections
also
Flower & Vegetable Seeds
GRACA & CO.
Dealers in Postage Stamps, Religious Goods, Garden Seeds, Toys, etc., etc.. No. 10, WYNDHAM STREET.
HONG KONG PO. Box No. 820,
Established 1896.
What do
you want ?
If there is anything you want to buy or sell, try a Classified
homeadvertise-
ment in the Hong- kong Daily Presi
25 words $1.00 prepaid
for 3 insertions..
BUTTERICK LADIES TAILOR
Ready made Costumes, overcoats, and evening dresses made to order. No. 16 Wyndham St. Tel. 23815.
THE MOST RELIABLE LIQUID INSECTICIDE
GEE, IT'S SWELL
NOT TO BE BOTHERED. WITH
FUES' WHILE WE EAT!
THAT'S BECAUSE
J SPRAYED WITH FLY-TOK, FUSE IT. BEFORE EVERY MEAL
DEMAND THE GENUINE
FLY-TOX
Optainable at all leading Drug
'and Department Stores
Bola Distributors UNITED TRADERS TONG TONG
HOTELS
METROPOLE HOTEL Central, Clean, Comfortable,
All modern conveniences. All rooms with Private Bath, Mo- derate Daily or Monthly rates. Fully licenced. Tea Dance Daily. Latest Swing Band. 5-7.30 p.m. Tel. 24425.
THOMPSON
LADIES'
38,
TAILOR
MODERN DRESS
CHEAP SALE
NATHAN ROAD, KOWLOON.
FOR XMAS & NEW YEAR GIVE A ZENITH 1940 MODEL 58313 ALL WAVE SET. $99.50
GUARANTEE, TO RECEIVE LONDON. PARIS, MOSCOW &c. DIRECT. CHUEN YEE HONG
54 Des Voeux Road 0.
Takphone 24311."